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A3 SOLUTIONS ANNOUNCES A3 FINANCIAL MODELING
New Planning Software Drives Enterprise
Accountability and Agility
SAN FRANCISCO, Calif. — March
31, 2003 — A3 Solutions, Inc., a pioneer in spreadsheet-centric
software technology, announced today the availability of A3 Financial
Modeling™, a Web application for financial modeling and analysis
that can be deployed in days. Featuring three fully integrated software
modules--Compensation Modeling, Capital Modeling, and Expense Modeling--A3
Financial Modeling was developed for the enterprise looking to increase
visibility within their budgeting, forecasting and reporting processes
in order to drive corporate accountability and agility.
A3 Financial Modeling is the latest packaged offering
that A3 Solutions has released on A3 Modeling™, the leading
corporate Web-based software solution for modeling. Optimized to
work within analytic environments, A3 Modeling is a scalable technology
for creating and integrating Web-based modeling applications throughout
an enterprise without business interruption. Because A3 Modeling
is easy-to-use and to administer, this technology is appropriate
for publishing read-only reports over the Web and for managing interactive
read-write analytic applications such as budgeting and forecasting.
And since models within the application are as easy to configure
as spreadsheets, A3 Modeling can be easily administered by a financial
analyst--without the involvement of IT.
"A3 Financial Modeling radically reduces the
cost of managing detail in budgets, forecasts and reports,"
said Stuart Ratner, vice president of sales at A3 Solutions. "A3
Financial Modeling makes sense for both enterprises committed to
OLAP and those only now developing their analytic processes."
Three Integrated Modules
A3 Financial Modeling combines expense, capital and
compensation packages in an integrated budgeting and forecasting
application. Built on a multidimensional OLAP foundation, A3 Financial
Modeling provides flexible access to GL accounts, allowing users
to view and establish expenses by department, product, project,
or cost center. Salary, payroll and bonus expenses are linked to
the Compensation module, which enables detailed headcount and benefits
forecasting at the employee and company level--and every level in-between.
Extensive "what-if" features allow users to explore the
effect of changing headcount details including start dates, salaries
and other data.
The Capital Forecasting module lets companies flexibly
model the acquisition, depreciation or amortization and retirement
of corporate assets. A3 Capital Forecasting lets users do sophisticated
asset modeling using any number of assets, asset classes and depreciation
methods. In all modules, new items--such as assets, expenses or
heads--can be added easily by the end user, without DBA intervention.
Web-Delivered. Use online or off.
Like all A3 Modeling applications, A3 Financial Modeling
delivers models either to the browser in HTML or directly to Microsoft
Excel™ where users have the option of working online or offline.
For models opened in Excel, planners can reference ancillary worksheets
to create the higher-level numbers that are used by Finance and
Forecasting. This unique approach allows for the handling of far
more business detail, such as employee-level and asset-level detail,
within the application. A3 Financial Modeling also reduces cycle
times with streamlined workflow and process administration features.
A3 Financial Modeling can easily be extended with
additional models to address: revenue modeling, profitability, cash
flow, and balance sheet. Furthermore, Financial Modeling ships with
a customizable dashboard to give analysts, managers and executives
immediate insight into their performance.
About A3 Solutions
A3 Solutions is an innovator in the Corporate Performance Management
market (CPM, BPM, EPM). Leveraging its advanced analytic application
technology, A3 Solutions competes successfully with market leaders
by delivering more powerful budgeting, forecasting, management reporting
and executive dashboard solutions that deploy more quickly and at
lower total cost. Come to our website (www.a3solutions.com) and
see how American Airlines, Avon, Cox Communications, Johnson &
Johnson, McDonald's, Safeway, Toyota, Williams Sonoma, and Verizon
use software from A3 to reduce the time and labor associated with
spreadsheets, increase confidence in reporting and analysis, enjoy
more timely and detailed visibility into operational performance,
and make decisions more quickly and confidently. A3 Solutions' partners
include leading enterprise technology providers such as Microsoft
(Nasdaq: MSFT, News), IBM (NYSE: IBM, News), and Hyperion Solutions
(Nasdaq: HYSL, News). A3 Solutions is headquartered in San Francisco,
California. To learn more about the company or its flagship product,
A3 Modeling, visit www.a3solutions.com, send an email to sales@a3solutions.com,
or call (800) 666-CUBE (2823) or 415-356-2300. |
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